Best Formula 1 Betting Sites - F1 Betting Tips & Predictions

🏆 Best F1 Betting Sites by Category

Before we discuss the best Formula 1 betting sites, I thought it wise to classify the various betting sites by category. For more information check out our best betting sites page so you can decide which ones suit your needs.

Best F1 Betting Site: BoyleSports

BoyleSports is a well-known site in the online betting world. The bookie has a modern betting interface where you are allowed to bet on over 25 different sports including Formula 1. When placing your wagers at BoyleSports, you get interesting betting odds and have the chance to use the sportsbook’s odds checker feature. When you first join BoyleSports, you can expect a €60 free bets bonus after betting your first €10. This is awarded alongside 10 to be used on casino games. You can place pre-game, live, and future bets on events and there’s a bet calculator for accumulated wagers too.

You can learn more about this sportsbook by checking out this BoyleSports review.

Best F1 Sport Odds Checker: William Hill

William Hill has long existed in the land-based gambling sphere before its online betting platform was launched. The bookie is the proud provider of numerous betting markets in F1, Gaelic Sports, MMA, Tennis, and more than 25 other sports. Here, you’ll experience sports betting like never before, with an easy-going interface and competitive offers. To help you get started, William Hill offers all its new members a €40 free bets bonus. This promo is available immediately after your first €10 bet is placed and it is given in four rounds of €10 each. It requires the bonus code BB40 must be used.

You can discover more about what this sportsbook has to offer by checking this complete William Hill review.

Best F1 Free Bet Bonus: DirectionBet

DirectionBet has just been around for about a year and is already a fierce competitor among online bookies in Ireland. The operator brings a wide range of betting options with markets in popular international championships and tournaments. It covers 30+ sports, including MMA, football, horse racing, and Formula 1. In F1, some of the betting markets you’ll find are race winner, to finish in top 3, winning car, straight forecast, and winning margin. Besides betting markets in sports, DirectionBet also provides options in esports and politics. Some of the available betting features include in-play stats and cash-out options. When joining this site for the first time, you can look forward to a 100% match up to €100. To redeem the offer, deposit €10 or more using the promo code WELCOME100. Besides this promo, the bookie has several other sports betting offers.

To know more, check this DirectionBet review.

Below we present a carefully curated list of additional bookmakers we recommend, along with an overview of the bonuses they offer.

Note that terms of use apply to each of the free bets mentioned above. Check the sportsbook for all relevant info.

📅 F1 Schedule 2024

The 2024 Formula 1 season has unveiled an extensive 23-race schedule, featuring the highly anticipated addition of the Las Vegas Grand Prix. Explore the comprehensive Formula 1 schedule right here.

📅 F1 Driver Standings - 2024 Season

2024 Driver Standings - Table

🏁 F1 Predictions

F1 is one of the world’s most prestigious sports and its hosting across different continents has only made it more popular. As the highest level of single-seat racing on the planet, the competition unites the most talented car race drivers under the watchful eyes of the FIA. Each year, two championships are awarded: the Drivers and the Constructors Championships. A few venues for the 2024 F1 season are the Las Vegas Grand Prix and Maimi GP.

📈 Formula One Sport Betting Markets

There are a lot of markets to explore when betting on F1 races. These may vary from one betting site to the other but overall, you’ll be looking at what each driver and team can do. Depending on the circuit, its difficulties, and its history, some markets may be more favoured than others. In the sections below, we’ll take a moment to look at some of the most common F1 markets provided by top Irish sportsbooks. These will include the fastest lap during a race, race winner, and podium finish.

Race Winner Bets

As earlier said, Formula One is an intercontinental event with races held in cities with ever-changing circuits. In other words, for each race that comprises the tournament, there is a specific winner. To better illustrate this, let’s consider the Italian Grand Prix 2023 which occurred on September 3rd at the Monza Circuit, Italy. The race was a record breaker for the most consecutive wins by Red Bull drivers as Max Verstappen won his tenth consecutive race. On the podium, Max Verstappen was accompanied by Sergio Pérez and polesitter Carlos Sainz Jr.

Fastest Lap Bets

There’s little doubt that F1 is a competition for the fastest car racing drivers in the world. However, because there’s bound to be one driver with an outstanding rapidity, it’s possible to bet on the fastest lap of a given race. Indeed, in 2007, multinational logistics company DHL redefined the F1 speed standards with the award of the DHL Fastest Lap award which crowns the speediest driver of the season. A good example here is the Singapore Grand Prix where Mercedes’ Lewis Hamilton recorded the fastest lap at 1:35.867.

Podium Finish Bets

It’s quite common for sports events to have three teams on the podium at the end of a tournament. By betting that a driver will hold one of the first three positions, you’re placing a podium finish. No need to specify whether they’ll finish first, second, or third as the essence is for them to be on the podium. At the Japanese Grand Prix which took place on September 24th, 2023, the drivers on the podium were Max Verstappen, Lando Norris, and Oscar Piastri. A podium bet on any of these three drivers would have been successful. Note that, this bet type is like the To-Win bet with an added advantage of relatively safer odds of winning.

Driver Matchup Bets

For this season of Formula One, Max Verstappen has so far proven to be a fairly safe bet as he currently holds the first place before his fellow teammate Sergio Perez followed by Mercedes’ Lewis Hamilton. Considering this, you may like to choose two of these top-placed drivers to place a bet on who will have a better performance than the other. With the F1 Qatar Grand Prix coming up on October 8th, it may be a chance to try out a driver matchup bet. Max Verstappen is clearly a favourite and so are S. Perez and L. Hamilton whose worst record for the season was observed in Austria, 8th place.

Pole Position

In racing, when we talk about pole position, we’re simply referring to the car that will have the most advantageous starting position on the track. This is determined using statistics and is earned by the best qualifying driver. As such, a pole position bet is a bet that predicts which driver will earn the pole position by obtaining the best qualifying time. In order to win this bet, the chosen driver must be the pole-sitter or have the first slot at the beginning of the race. During the qualifying laps of the Japanese Grand Prix, Max Verstappen claimed pole position over half a second ahead of McLaren’s drivers Oscar Piastri and Lando Norris.

Constructor Winner

A popular Formula 1 (F1) betting market where you can wager on which F1 team, also known as a constructor, will accumulate the most championship points over the course of an F1 season. In Formula 1, both individual drivers and teams (constructors) compete for championship titles. The Constructor Winner bet focuses on the teams' performance rather than individual drivers. Each team earns points based on the combined results of their two drivers in each race.

Future Bets

If from the very first race, you can tell which driver or team will win at the end, then you’re probably on your way to a winning future bet. As the name indicates, future bets are predictions made ahead of time, on the winner of the Drivers or Constructors Championship. It can be placed at the very beginning of the tournament and runs till the end. When placed early, you can take advantage of the most competitive F1 betting odds as over time odds may drop once it becomes clear who the favourite is. At this stage of the F1 2023 season, Red Bull seems to be doing well for themselves as the team currently stands first with 623 points. Chances are high that they maintain this position to the end of the tournament.

📢 F1 Sport Free Bets and Promotions

How about I share with you some of the best free bet promos and sports bonuses you can enjoy at best F1 betting sites?

Sportsbook	Offer
	Matched deposit up to €100
	Bet €10, get €10 in free bets
	Bet €10, get €30 in free bets
	Bet €10, get €30 in free bets + €10 casino bonus
	Bet €10, get €40 in free bets

Terms and conditions apply. All T&Cs can be found on each bookmaker's website.

• www.begambleaware.org

💡 F1 Betting Tips | Bet on Formula 1 Online

When betting on F1, you should know a few things to get the most out of your betting experience. Two main points I consider a must for every punter are discussed below. In order to be able to make as smart bets as possible, it is important that you keep an eye on the standings during the course of the competition. You can do this, among other things, via the Formula 1 official website. You can of course also search for Formula 1 standings or Formula 1 calendar 2024 to get the latest results.

Analyse Betting Markets

For each F1 race, you’ll be provided several markets on which to bet at the sportsbook. It’s important to take the time to analyse each market to pick the one with the highest winning potential. Check previous and current statistics on drivers, teams, and race circuits.

Embrace Responsible Gambling

Gambling on sports online requires real money wagers which is why you must not ignore safe gambling habits. Each bet is based on probability meaning you’re not 100% sure of the outcome. You can set limits on how much you bet per race or daily.

Formula 1 odds

Keep an eye out for opportunities where your insights on F1 odds diverge from the bookmakers'. These situations often present valuable betting prospects that shouldn't be overlooked. Trust your instincts and seek out bets that you believe offer substantial value.

❓ Frequently Asked Questions about Formula One Betting